Rates for Fannie Mae and Freddie Mac Multifamily Financing have started going since 10 year treasuries started going up from 2% to 3.17% in the last six weeks.
Fannie Mae and Freddie Mac are providing financing up 75% loan to value on cash out transactions.
On purchase multifamily financing transactions Fannie Mae and Freddie Mac will lend up to 80% using a 1.25 to 1 Debt Service Coverage.
Fannie Pricing depends on strength of the lender in the risk sharing. We have a AAA rated parent that owns our lending partner.
Freddie Mac as always is pricing on more variables such are location, market and if you are a repeat borrower.
KENDALL REALTY ADVISORS LLC
EVANSTON - CHICAGO - ORLANDO - PORTLAND, OR
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